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their on ideas. president obama is putting improving the economy front and center in his state of the union address. >> if you work hard and everybody gets a fair shot and shake, everybody plays by the same set of rules, and if we did that together, our nation will be stronger. >> reporter: the president is giving the annual speech before congress and the american people with unemployment hovering around 8%. drastic cuts in domestic programs and military spending are also getting ready to sock the economy if the president and congress can't reach a deal to stop them. >> first thing many of us will be listening for tonight is the president's plan for controlling spending and replacing the obama sequester. >> reporter: the president will make room in his speech to address north korea's nuclear test and plans to announce that 34,000 u.s. troops will be home from afghanistan by this time next year. president obama is also expected to speak about new gun laws. with many victims of gun violence in the chamber, some of those victims stood at a senate hearing ear
% and near their all- time highs. the nasdaq is up 6% to its best level in 12 years. >>> president obama's state of the union address is expected to focus on the economy. he is set to address job creation and age growth tomorrow night. the president says he will also discuss upcoming budget fights including the march 1 deadline for automatic defense and domestic cuts known as the sequester. and you can watch the state of the union tomorrow night at 6:00 right here on kpix 5. and we'll have a special edition of kpix 5 news right after. >>> last night's 55th annual grammys had plenty of high notes. ben tracy takes us back stage to show us the big numbers and special moments. ♪ [ music ]♪ >> reporter: a grammy performance is meant to be memorable so the three guys known as the band "fun" were caught "singin' in the rain." ♪ [ music ]♪ >> reporter: taylor swift was the ringmaster of her own on- stage circus. ♪ [ music ]♪ >> reporter: rhianna gave one of the more intimate performances of the night. >> the grammy goes to somebody that i used to no.
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